CS ART AS

7091 TILLER

Finances

Share Ownership

Return on Equity

75 %

Current Ratio

2,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	4 488 000	4 091 000	3 167 000
Net Income	492 000	−50 000	184 000
Total Assets	999 000	594 000	680 000
Total Equity	656 000	163 000	214 000

Income (NOK)	2022	2021	2020
Revenue	4 488 000	4 091 000	3 167 000
Expenditure	3 873 000	4 139 000	2 932 000
Operating Profit	616 000	−48 000	236 000
Financial Income	0	0	0
Financial Costs	0	2 000	0
Financial Balance	0	−2 000	0
Earnings Before Tax	616 000	−50 000	236 000
Tax	124 000	0	52 000
Net Income	492 000	−50 000	184 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	28 000	186 000	23 000
Total Current Assets	971 000	408 000	657 000
Total Assets	999 000	594 000	680 000
Total Retained Equity	626 000	133 000	184 000
Total Equity	656 000	163 000	214 000
Total Long-Term Debt	0	0	0
Total Current Debt	343 000	431 000	466 000
Total Equity and Debt	999 000	594 000	680 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 488 000	4 091 000	3 059 000
Other Income	0	0	108 000
Revenue	4 488 000	4 091 000	3 167 000
Cost of Goods Sold	551 000	829 000	276 000
Salary Costs	1 491 000	1 297 000	740 000
Depreciation	8 000	8 000	1 000
Impairment	0	0	0
Expenditure	3 873 000	4 139 000	2 932 000
Operating Profit	616 000	−48 000	236 000
Financial Income	0	0	0
Financial Costs	0	2 000	0
Financial Balance	0	−2 000	0
Dividends	0	0	0
Net Income	492 000	−50 000	184 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	7 000	15 000	23 000
Fixtures	21 000	21 000	0
Total Tangible Assets	28 000	36 000	23 000
Total Fiancial Fixed Assets	0	150 000	0
Total Fixed Assets	28 000	186 000	23 000
Stock	0	287 000	0
Total Investments	0	0	0
Cash, Bank	895 000	56 000	665 000
Total Current Assets	971 000	408 000	657 000
Total Assets	999 000	594 000	680 000
Total Equity	656 000	163 000	214 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	120 000	90 000
Unpaid Taxes	82 000	189 000	257 000
Dividends	0	0	0
Other Current Debt	144 000	129 000	67 000
Total Current Debt	343 000	431 000	466 000
Total Equity and Debt	999 000	594 000	680 000

Financial indicators	2022	2021	2020
Return on Equity	75 %	−30,67 %	85,98 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	13,73 %	−1,17 %	7,45 %
Current Ratio	2,83	0,95	1,41
Quick Ratio	2,83	2,83	1,41
Equity Ratio	0,66	0,27	0,31
Gross Profit Margin	87,72 %	79,74 %	91,29 %